BAM Stock Recent News

BROOKFIELD, NEWS, April 12, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the first quarter 2024 on May 8, 2024, prior to 7:00 a.m. ET. These results will be made available on our website at www.bam.brookfield.com/news-events/press-releases.

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either American Express (AXP) or Brookfield Asset Management (BAM). But which of these two companies is the best option for those looking for undervalued stocks?

Altria stock has been soaring lately due to positive catalysts such as solid Q4 results and a major share buyback plan. That being said, there are a few major reasons why we remain unimpressed by the MO investment thesis. We share three high-yielding stocks with much better prospects than MO stock right now.

Warren Buffett is often hailed as one of the greatest investors, with a track record that has consistently outpaced the broader markets. Could artificial intelligence (AI) emulate his success?

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both American Express (AXP) and Brookfield Asset Management (BAM). But which of these two companies is the best option for those looking for undervalued stocks?

BAM is a great company with a phenomenal track record. We doubled down on our position back in late October 2023 when many were growing increasingly bearish on the stock. Our conviction was richly rewarded with rapid gains.

The alternative asset management industry is poised to continue growing quickly in the years to come. As a leader within its industry, Brookfield Asset Management should greatly benefit from this promising industry outlook. BAM's financial fortitude earns it an enviable credit rating from S&P on a stable outlook.

Brookfield Asset Management Ltd. BAM, -1.82% said Friday it drew in $30 billion in investor commitments for Brookfield Infrastructure Fund V, its flagship global infrastructure vehicle and the largest fund ever raised by Brookfield.

Brookfield Asset Management is a top pick for a buy-and-hold forever stock due to its strong growth potential and track record. BAM is the second-largest alternative asset manager globally and focuses on hard assets, such as global infrastructure and private credit, two of the largest megatrends in history. The company has a robust risk management profile, and management says it can grow 15% to 20% for the next 20 years, delivering Buffett-like returns for decades to come.

Fundraising has picked up in Q2 and with the AEL deal done, management expects a record 2023 raise of $150 Billion. Between BAM and BN, Brookfield is my largest position. I present my updated thesis for my favorite asset manager.